How Patel was paid
$986,336 in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Options | Incentive | Other | Total |
|---|---|---|---|---|---|
| Mahesh V. PatelPresident and Chief Executive Officer | $584,775 | $89,422 | $292,388 | $19,751 | $986,336 |
| Krista FogartyPrincipal Accounting Officer and Corporate Controller | $275,310 | $62,158 | $96,359 | $12,130 | $445,957 |
| Nachiappan ChidambaramSenior Vice President, Research and Development | $331,200 | $69,784 | $115,920 | $14,000 | $530,904 |
What changed and why
- $986KMahesh V. Patel received total compensation of $986,336 for fiscal 2025, an increase from $761,771 in fiscal 2024.
- $89,422Option awards for the CEO totaled $89,422 in fiscal 2025 compared to $39,608 in the prior year.
- $292KNon-equity incentive plan compensation for the CEO increased to $292,388 in fiscal 2025 from $84,750 in fiscal 2024.
- $585KBase salary for the CEO was $584,775 in fiscal 2025, up from $565,000 in fiscal 2024.
- All named executive officers received increases in their total compensation package for fiscal 2025.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.